Maricielo Company does web consulting. They estimated $776,000 of overhead and 42,000 direct labor hours for 2010 but actually incurred $1,055,000 of overhead and 55,000 direct labor hours. Maricielo Company uses a simple normal absorption costing system and applies overhead on the basis of direct labor hours. One project took 26 hours of labor to complete. 

What was the amount of overhead applied to this project (round to the nearest dollar?

Answer rating: 100% (QA)

Overhead costing helps allocate indirect costs to projects or p... View the full answer